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#995 Nik Bhatia On Why Bitcoin Is The Layered Money We Need Now

The Pomp Podcast

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The Pros and Cons of a Programatic Monetary Policy

The federal reserve has a programatic monetary policy that allows them to manipulate interest rates, asset purchase balance sheets. The bitcoin central bank is an automated central bank with no human beings involved in the decision-making process. "i think that's why people like bit coin, because they view it as a more equitable situation," he says.

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